Reports Crispin Odey faces further misconduct allegations

Hedge fund boss was told his ‘good character was intact’ after the March 2021 court case was dismissed

Crispen Odey


The founder of Odey Asset Management (OAM) has again found himself in the glare of the public spotlight after it was reported other women have come forward with complaints of sexual misconduct.

Crispin Odey (pictured) was acquitted of indecent assault in March 2021 after he was accused of having groped a young female banker at his home in 1998.

The judge determined that the complainant’s evidence was “littered with troubling inconsistencies” and described her as “at the very least, an unreliable historian”.

Odey was told by judge Nicholas Rimmer that he could leave the court with his “good character intact”.

On Tuesday, however, The Times reported that more allegations have been made against the hedge fund founder – one which reportedly took place after his acquittal.

The newspaper was reporting on a podcast produced by Tortoise Media which first made the story public. On its website, the Tortoise team wrote: “One of Britain’s richest and most powerful men was cleared of sexual assault last year. Four more women have come forward with similar allegations that Crispin Odey, a major donor to the Conservative party, sexually assaulted them. Other women allege that he sexually harassed them at the offices of his Mayfair hedge fund company.”

Tortoise editor Paul Caruana Galizia said: “I spent some time understanding that court case, for a number of reasons. First and foremost it is because, over the past two months, I have documented the stories of four other women who allege Crispin Odey sexually assaulted them.”

A spokesperson for Odey AM told Tortoise Media in response to the podcast: “The Exco of OAM is independent to Crispin Odey and treats all allegations extremely seriously.

“OAM has robust policies and procedures, and staff wellbeing is central to the culture of our business. Due to confidentiality and privacy issues, it would be inappropriate to comment further.”

Efforts by Portfolio Adviser to contact Crispin Odey and Odey Asset Management directly were unsuccessful.

See also: Odey AM names new CEO as another C-suite member exits

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